Newly Renovated Restaurant
$180,000
Business description
This is a great opportunity to buy a turn-key restaurant in the heart of Portland’s Old Port. The business is located in a custom renovated space that offers 1,250+/- square feet in a highly desirable area with excellent exposure to foot traffic. The space has over $300,000 in recent renovations and the current lease still has 4 years left with a 5 year renewal option.
You are contacting Craig Church about Newly Renovated Restaurant.
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- Asking price $180,000
- Gross Revenue N/A
- EBITDA N/A
- FF&E $87,979 (included in asking price)
- Inventory N/A
- Lease Rate $5,000 / Month
- Established N/A
- Real Estate Leased
- Building SF 1,250
- Lease Expiration N/A
- Employees 3 FT, 1 PT
- Facilities 1,250 square feet of newly renovated restaurant space in a highly desired location.
- Competition The market for this type of business is great right now and this one will be very desirable with the recent renovations to the space.
- Growth & Expansion The owner currently markets in a local newspaper and thinks that a new owner could benefit from expanding on that.
- Support & Training TBD
- Reason for Selling N/A